(RTTNews) - Consumer prices in the U.S. increased in line with economist estimates in the month of December, according to a report released by the Labor Department on Tuesday.
(RTTNews) - Consumer prices in the U.S. increased in line with economist estimates in the month of December, according to a report released by the Labor Department on Tuesday.
(RTTNews) - TryHard Holdings Ltd. (THH), a lifestyle entertainment company, on Tuesday said its board has authorized a share repurchase program of up to $10 million, effective immediately.
(RTTNews) - TryHard Holdings Ltd. (THH), a lifestyle entertainment company, on Tuesday said its board has authorized a share repurchase program of up to $10 million, effective immediately.
Core CPI Prints Cooler Than Expected In December, Near 5 Year Lows On the heels of 'solid' labor market data from BLS (lower unemployment), ADP (weekly employment change remaining positive), and a rebound in Small Business Optimism; this morning we get a glimpse of the other side of The Fed's mandate as the last CPI print for 2025 prints. From what we can tell, President Trump did not drop any hin...
Core CPI Prints Cooler Than Expected In December, Near 5 Year Lows On the heels of 'solid' labor market data from BLS (lower unemployment), ADP (weekly employment change remaining positive), and a rebound in Small Business Optimism; this morning we get a glimpse of the other side of The Fed's mandate as the last CPI print for 2025 prints. From what we can tell, President Trump did not drop any hints this time ahead of the release which was expected to be flat from November's prints. The headline CPI print rose 0.3% MoM (vs +0.3% MoM exp) driving prices up 2.7% on a YoY basis (vs +2.7% YoY exp)... Source: Bloomberg Many expected a December pickup due to the unwinding of distortions from data-collection disruptions during the government shutdown, which amplified seasonal discounting in November. Under the hood, Goods inflation was unch while Services and Food led the price increases... Source: Bloomberg Overall shelter inflation continues to slide on a YoY basis: December Shelter inflation up 0.4% MoM, translating into 3.2% YoY, down from 3.3% YoY in Nov December Rent inflation up 0.3% MoM, translating into 2.9% YoY, down from 3.3% YoY in Nov The more stable (and most watched) Core CPI was expected to rise from +2.6% YoY to +2.7% YoY but was surprisingly cooler up just 0.2% MoM and steady at +2.6% YoY - the lowest since March 2021... Source: Bloomberg Core Goods saw deflation on a MoM basis while Services prices accelerated a little... Source: Bloomberg The Fed's 'old favorite' inflation signal - SupreCore (Services Ex-Shelter) - slowed once again on a YoY basis, now at its slowest since Sept 2021... Source: Bloomberg Recreation Services saw a significant jump on a MoM basis while Education Services saw notable deflation MoM... Source: Bloomberg And if you want someone to blame for higher prices - it's your Recreational time... Source: Bloomberg ...with a record increase in Movie & Sports Admission costs... World Cup & UFC? Source: Bloomberg This is clearly a more con...
Select committee chair accuses UK tax authority of ‘egregious error’ and of causing parents unnecessary ‘pain’ UK politics live – latest updates Seven in 10 parents who had child benefit suspended in an HMRC fraud crackdown last year were in fact legitimate beneficiaries who had not emigrated, the tax authority has revealed. The chief executive of HMRC, John-Paul Marks, told the Treasury select co...
Select committee chair accuses UK tax authority of ‘egregious error’ and of causing parents unnecessary ‘pain’ UK politics live – latest updates Seven in 10 parents who had child benefit suspended in an HMRC fraud crackdown last year were in fact legitimate beneficiaries who had not emigrated, the tax authority has revealed. The chief executive of HMRC, John-Paul Marks, told the Treasury select committee that 71% of those targeted, higher than the 63% previously admitted , were in error. Continue reading...
European defense stocks might be approaching a peak in their valuations, warn Deustche Bank AG analysts, who are among the few contrarian voices on a sector that has already surged more than 20% this year. While rising US threats toward Greenland and military spending plans are among factors that have helped propel a Goldman Sachs Group Inc. basket of Europe’s defense names up almost 23% so far in...
European defense stocks might be approaching a peak in their valuations, warn Deustche Bank AG analysts, who are among the few contrarian voices on a sector that has already surged more than 20% this year. While rising US threats toward Greenland and military spending plans are among factors that have helped propel a Goldman Sachs Group Inc. basket of Europe’s defense names up almost 23% so far in 2026, Deutsche Bank sees a potential Ukraine peace plan and regional budget differences curtailing the rally. “A further re-rating is unlikely due to conflicting geopolitical drivers,” said analysts led by Christophe Menard . “Regional disparities in defense spending are likely to persist, affecting the valuation of French and UK companies compared to their German counterparts.” Read more: Troubled World Heralds Next Stage of the Defense Stocks Rally The basket currently trades at around 32 times forward earnings estimates, roughly double that of the Stoxx Europe 600 index. While Germany’s ambitions to build Europe’s strongest conventional army have made it the region’s leader in terms of defense spending, Menard points to the impact of political instability on the French budget and the lack of a UK timeline. The analysts downgraded French aerospace and electrical systems firm Thales SA , UK-based BAE Systems Plc and Italy’s Leonardo SpA to hold from buy, citing budget uncertainty and expectations of limited upside to current levels. Menard’s preferred stocks are Airbus SE , Safran SA , MTU Aero Engines AG and Rheinmetall AG .
Core U.S. consumer prices rose less than predicted in December, reinforcing hopes that inflation is tempering as the Federal Reserve contemplates its next move on interest rates. Excludes volatile food and energy prices, the consumer price index showed a 0.2% gain on a monthly basis and 2.6% annually. Both were 0.1 percentage point below expectations. Though they look at both measures, Fed officia...
Core U.S. consumer prices rose less than predicted in December, reinforcing hopes that inflation is tempering as the Federal Reserve contemplates its next move on interest rates. Excludes volatile food and energy prices, the consumer price index showed a 0.2% gain on a monthly basis and 2.6% annually. Both were 0.1 percentage point below expectations. Though they look at both measures, Fed officials consider core inflation a better long-run gauge of where inflation is heading. On a headline basis, the CPI posted an increase of 0.3% for the month, putting the all-items annual rate at 2.7%. Both were exactly in line with the Dow Jones consensus estimate. This is breaking news. Please refresh for updates .
Florida is again throwing its hat in the ring to launch a Bitcoin reserve. Over the past two weeks, state Sen. Joe Gruters and Rep. John Snyder have filed bills that would establish a Florida Bitcoin reserve. Specifically, the bills...
Florida is again throwing its hat in the ring to launch a Bitcoin reserve. Over the past two weeks, state Sen. Joe Gruters and Rep. John Snyder have filed bills that would establish a Florida Bitcoin reserve. Specifically, the bills...
Consumer price index rose 2.7% in year to December, in line with November, as president feuds with Fed over rate cuts US politics live – latest updates US inflation held firm last month as Donald Trump faces mounting pressure over the cost of living for millions of Americans. The closely-watched consumer price index rose 2.7% in the year to December, in line with the previous month, according to o...
Consumer price index rose 2.7% in year to December, in line with November, as president feuds with Fed over rate cuts US politics live – latest updates US inflation held firm last month as Donald Trump faces mounting pressure over the cost of living for millions of Americans. The closely-watched consumer price index rose 2.7% in the year to December, in line with the previous month, according to official data published on Tuesday morning, ahead of a speech by the US president on the economy. Continue reading...
Foreign ministers from the Arctic island and Denmark are to meet in Washington amid tensions over Trump’s claim on the territory Europe live – latest updates JD Vance will host a meeting with the foreign ministers of Greenland and Denmark amid rising tensions over Donald Trump’s push to gain control of the Arctic island. Denmark’s top diplomat, Lars Løkke Rasmussen, said he and his Greenlandic cou...
Foreign ministers from the Arctic island and Denmark are to meet in Washington amid tensions over Trump’s claim on the territory Europe live – latest updates JD Vance will host a meeting with the foreign ministers of Greenland and Denmark amid rising tensions over Donald Trump’s push to gain control of the Arctic island. Denmark’s top diplomat, Lars Løkke Rasmussen, said he and his Greenlandic counterpart, Vivian Motzfeldt, had requested the meeting with the US secretary of state, Marco Rubio, and the vice-president had asked to take part and would host it at the White House on Wednesday. Continue reading...
Lea la nota en español Colombia is tapping global bond markets for the first time this year, as authorities rush to cover the nation’s funding needs ahead of congressional and presidential elections. The country is offering dollar-denominated bonds due in three, five and seven years, with initial price talks around 6%, 6.75% and 7.1%, respectively, according to a person familiar with the matter, w...
Lea la nota en español Colombia is tapping global bond markets for the first time this year, as authorities rush to cover the nation’s funding needs ahead of congressional and presidential elections. The country is offering dollar-denominated bonds due in three, five and seven years, with initial price talks around 6%, 6.75% and 7.1%, respectively, according to a person familiar with the matter, who asked not to be identified because the information is private. BofA Securities, Citigroup, Deutsche Bank Securities are running the deal, according to a preliminary prospectus . Colombia will hold congressional elections in March, followed by a presidential vote in May. Early polls have shown President Gustavo Petro’s favored candidate, Senator Ivan Cepeda, leading the presidential race. Still, the latest survey, published over the weekend, showed Conservative lawyer Abelardo de la Espriella ahead with 28% support. The nation’s assets have come under pressure in recent weeks after Petro announced a 23% hike of the minimum wage, stoking fears of inflation and a widening fiscal gap. Dollar notes have lost an average of 2.5% since the nation last sold global bonds in November, the worst performance in a Bloomberg index , data show.